Bailard Inc. lifted its position in shares of Walmart Inc (NYSE:WMT) by 2.1% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,118 shares of the retailer’s stock after acquiring an additional 127 shares during the quarter. Bailard Inc.’s holdings in Walmart were worth $597,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Clarfeld Financial Advisors LLC purchased a new stake in shares of Walmart during the 4th quarter worth about $25,000. Massey Quick Simon & CO. LLC purchased a new stake in shares of Walmart during the 4th quarter worth about $28,000. Winch Advisory Services LLC boosted its stake in shares of Walmart by 45.1% during the 4th quarter. Winch Advisory Services LLC now owns 344 shares of the retailer’s stock worth $32,000 after acquiring an additional 107 shares in the last quarter. Financial Gravity Wealth Inc. purchased a new stake in shares of Walmart during the 1st quarter worth about $35,000. Finally, WP Advisors LLC purchased a new stake in shares of Walmart during the 1st quarter worth about $37,000. 28.83% of the stock is currently owned by institutional investors and hedge funds.

Several equities research analysts have recently issued reports on the stock. Credit Suisse Group reissued a “neutral” rating and set a $103.00 target price on shares of Walmart in a research note on Wednesday, February 20th. Wolfe Research lowered shares of Walmart from a “peer perform” rating to an “underperform” rating in a research note on Wednesday, May 8th. Deutsche Bank increased their target price on shares of Walmart from $118.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, May 17th. UBS Group increased their target price on shares of Walmart from $105.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, May 17th. Finally, Daiwa Capital Markets raised shares of Walmart from a “neutral” rating to an “outperform” rating in a research note on Tuesday, May 21st. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating and twenty have given a buy rating to the stock. Walmart has an average rating of “Hold” and an average price target of $107.19.

Shares of Walmart stock opened at $101.96 on Tuesday. The stock has a market capitalization of $292.65 billion, a P/E ratio of 20.77, a P/E/G ratio of 4.46 and a beta of 0.36. Walmart Inc has a twelve month low of $82.37 and a twelve month high of $106.21. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.21 and a current ratio of 0.77.

Walmart (NYSE:WMT) last released its quarterly earnings data on Thursday, May 16th. The retailer reported $1.13 EPS for the quarter, beating the Zacks’ consensus estimate of $1.02 by $0.11. The company had revenue of $122.95 billion during the quarter, compared to the consensus estimate of $124.51 billion. Walmart had a net margin of 1.62% and a return on equity of 18.66%. Walmart’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.14 EPS. Sell-side analysts forecast that Walmart Inc will post 4.81 EPS for the current year.

In other Walmart news, major shareholder Alice L. Walton sold 1,649,023 shares of the stock in a transaction dated Thursday, March 21st. The shares were sold at an average price of $98.88, for a total value of $163,055,394.24. Following the completion of the sale, the insider now owns 8,872,375 shares in the company, valued at approximately $877,300,440. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director S Robson Walton sold 1,322,329 shares of the stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $102.04, for a total transaction of $134,930,451.16. Following the completion of the sale, the director now owns 3,347,511 shares of the company’s stock, valued at approximately $341,580,022.44. The disclosure for this sale can be found here. In the last quarter, insiders sold 9,901,889 shares of company stock valued at $986,024,382. 50.22% of the stock is owned by insiders.

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Walmart Company Profile

Walmart Inc engages in the retail and wholesale operations in various formats worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, discount stores, drugstores, and convenience stores; membership-only warehouse clubs; e-commerce Websites, such as walmart.com, jet.com, shoes.com, and samsclub.com; and mobile commerce applications.

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Institutional Ownership by Quarter for Walmart (NYSE:WMT)

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